Another Icahn Letter to Yahoo (YHOO): Yawn. Carl Shooting Blanks

Carl Icahn doesn't have a plan for Yahoo (YHOO) other than to try to force a sale to Microsoft (MSFT), so he's resorting to bashing Yahoo's board for its past failings. We can relate to the sentiment--we're mad that the company went to sleep for five years--but unless/until Carl gives us a concrete plan for what he's going to do with Yahoo when Steve Ballmer tells him to take a hike, we're not supporting his proxy slate.

Another Icahn Letter to Yahoo (YHOO): Yawn. Carl Shooting Blanks

Carl Icahn apparently doesn't have anything substantive to say, so he just keep bashing Yahoo for old failings. Not the way to win votes in the forthcoming proxy fight (and further indication that he doesn't have a non-sale plan).